BD Insider 170: Telecoms attracted $75.6 billion investment in Nigeria
MTN Group says it will invest over $3.5 billion in Nigeria in the next five years. We covered this and India's plan to establish a technology institute in Tanzania.
Nigerian government suspends 5% telecoms tax
President Bola Tinubu has suspended the implementation of 5% excise duty on telecom services to address business unfriendly fiscal policy measures and multiplicity of taxes.
Mobility fintech Moove raises $8 million to expand its fleet in Ghana
The funding will be used to bolster Moove’s expanding vehicle fleet in Ghana
Nuru's $40 million Series B will drive electrification in DRC
Cleantech startup Nuru has secured a $40 million Series B to drive its efforts to provide 24-hour electricity to five million people in the Democratic Republic of Congo.
How Kyosk's acquisition of KwikBasket will transform the African fresh produce market
Kenyan retail distributor Kyosk has acquired KwikBasket, and has expanded its digital distribution offering to cover the fresh produce market in Africa.
Eden Care becomes first Rwandan company to join Y Combinator
Health-focused insurtech Eden Care is the first Rwandan company to join Y Combinator (YC). The company is participating in the on-going summer batch of the accelerator.
DevCareer and UK-Nigeria Tech Hub announce partnership to digitally upskill 1700 Nigerians
The program aims to bridge the digital skills gap and is open to individuals from diverse backgrounds, ensuring inclusivity and equal access to opportunities